Explanation:
Given that
Damage to the building = $85,000
The insurance limits is
100/25/75 means
$100,000 is the coverage amount for death also
25,000 is the bodily injury per accident
And, the 75,000 is the damage of the property
So the damage allocated between the driver and the insurance company is $10,000 which is a difference amount of
= $85,000 - $10,000
= $75,000
Because maximum amount is $75,000
Answer:
$300
Explanation:
We know that The State of Wyoming and City of Laramie bonds are not taxable, so we just caculate the interest income that are taxible into the gross income:
$200 from Ford Motor Co. + $100 from U.S. Treasury bonds
= $300
So $300 of the interest received will be included in gross income
Answer:
$300
Explanation:
According to the Internal Revenue Service (IRS), interest on a state or local government obligation may be tax-exempt even if the obligation is not a bond.
Therefore the interest received that will be included in gross income will exclude interest income from the following investments: $400 from State of Wyoming bonds and $50 from City of Laramie bonds.
$100 from U.S. Treasury bonds are taxable at federal level, hence will be included.
Therefore taxable amount = $100 from treasury bonds and $200 from Ford Motor Co.
A stock quote shows the price at which a certain stock is currently trading at a particular moment in time.
A stock quote is a numerical representation of the share price at the moment on a stock exchange for a publicly traded corporation. The firm name or ticker symbol, the current bid and ask prices, the most recent price transacted, the volume of trades, and the % change in price from the previous day's closing price are often included in stock quotations. Investors, traders, and analysts frequently read stock quotes to keep tabs on the performance of specific stocks and broader market trends.
It represents the stock's most recent trading price on an exchange. As investors buy and sell shares throughout the trading day, stock quotes can change continuously, reflecting shifts in supply and demand as well as the overall performance of the company.
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The complete question is:
What does a stock quote represent? Explain.
Answer:
I really like how he
Explanation:
yea